Low milk prices trigger MILC payments next month
Because of low milk prices, the Minnesota Farm Service Agency will be making payments in April to producers through FSA's Milk Income Loss Contract - known as the MILC program.
The 2008 Farm Bill made changes to the MILC program, most notably the addition of a dairy feed ration cost adjustment in addition to changes to the payment rate and modifications to the per-operation poundage limit, depending on when the milk is produced.
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